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English Section

Polish industrial production grows at third-fastest rate in EU in May: Eurostat

14.07.2021 12:30
Poland's industrial production rose 30.2 percent in May compared with the same month a year earlier, marking the third-fastest rate of growth in the 27-nation European Union, the bloc’s statistics agency has reported as economies emerge from the coronavirus shock.
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Pixabay LicenseImage by Gerd Altmann from Pixabay

As the COVID-19 pandemic relents, Hungary boasted the fastest year-on-year growth in industrial production in the EU in May, at 40.3 percent, followed by Slovakia in second place, with 36.8 percent, according to the Eurostat agency.

Among member states for which data were available, Finland reported the smallest year-on-year increase in industrial production in May, at 8 percent, while Estonia recorded an 8.2 percent rise, the agency's data showed.

Industrial production increased in all member states for which data were available, Eurostat reported on Wednesday.

The agency said industrial production in the EU as a whole grew by 21.2 percent in May in year-on-year terms, while the euro area recorded a 20.5 percent increase as the coronavirus ebbs.

Poland’s Central Statistical Office (GUS), which uses a different methodology, reported last month that Polish industrial production rose 29.8 percent in May compared with the same month a year earlier.

(gs)

Source: PAP, europa.eu/eurostat